Research Article
The Peer Effects of the Usage of Credit Cards in Rural Areas of China: Evidence from Rural China
| | Variables | ccus | ccus | ccus | ccus | ccus | ccus | | (1) | (2) | (3) | (4) | (5) | (6) |
| | Replace | 0.145 (2.161) | 0.132 (1.946) | | | | | | fpccu | | | −0.211 (−0.604) | −0.143 (−0.358) | | | | pccu | | | | | 4.110 (9.094) | 5.300 (9.166) | | Control variables | Yes | Yes | Yes | Yes | Yes | Yes | | Regional control | No | Yes | No | Yes | No | Yes | | Constant | −1.440 (−3.315) | −1.073 (−1.828) | −1.265 (−2.679) | −1.002 (−1.696) | −1.791 (−2.701) | −2.853 (−3.728) | | Pseudo R-squared | 0.066 | 0.092 | 0.063 | 0.091 | 0.133 | 0.177 | | Observations | 2435 | 2435 | 2435 | 2435 | 2435 | 2435 |
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